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PPG is likely to have gained from higher pricing, cost actions and efforts to grow its business through acquisitions amid sluggish industrial demand in Q1.
For investors seeking momentum, FolioBeyond Alternative Income and Interest Rate Hedge ETF RISR is probably on radar. The fund just hit a 52-week high and is up 13.7% from its 52-week low price of $30.42/share.
Essa Bancorp (ESSA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Modern warfare tactics have changed drastically. Increasingly, unmanned aerial vehicles (UAVs) have played a pivotal role in shaping the defense landscape, which bodes well for security specialist Kratos Defense (NASDAQ: KTOS ).
Gap's (GPS) strategic efforts, including the Power Plan 2023 Strategy, appear encouraging.
The recent rise in oil prices has played a key role in Marathon Petroleum's (MPC) surge.
The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.13 per share a year ago.
The PNC Financial Services Group, Inc (PNC) came out with quarterly earnings of $3.36 per share, beating the Zacks Consensus Estimate of $3.09 per share. This compares to earnings of $3.98 per share a year ago.
Tesla, the world's most valuable automaker, will lay off about 10% of its global workforce, a move that will affect about 15,000 workers.
(Kitco News) -The gold market is holding on to solid gains and pushes closer to $2,400 an ounce as the U.S. housing market continues to struggle as residential construction weakens more than expected in March.